Bee Cave Commercial Flyer - LoopNet · 2017-08-01 · BEE CAVE COMMERCIAL FOR SALE SITE The City of...

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PERRY HORTON m. 512.415.4565 [email protected] DAN McKINLEY m. 512.560.6840 [email protected] leadcommercial.com 2007 S. 1st Street, Ste. 102 Austin, TX 78704 512.467.2222 BEE CAVE COMMERCIAL FOR SALE SITE The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican honeybees that lived in the banks of Barton Creek and Little Barton Creek that encompassed a large area of Western Travis County. The unemployment rate in Bee Cave is 3.70 percent. Recent job growth is positive with a growth rate of 2.82 percent. Future job growth over the next ten years is predicted to be 41.90 percent. Since 2000, the City of Bee Cave has had a population growth of 194.22 percent. For transportation, the average commute time is 26 minutes. The median home cost in Bee Cave is $436,000 and home appreciation the last year has been 11.80 percent. 71 N

Transcript of Bee Cave Commercial Flyer - LoopNet · 2017-08-01 · BEE CAVE COMMERCIAL FOR SALE SITE The City of...

Page 1: Bee Cave Commercial Flyer - LoopNet · 2017-08-01 · BEE CAVE COMMERCIAL FOR SALE SITE The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

leadcommercial.com2007 S. 1st Street, Ste. 102Austin, TX 78704512.467.2222

BEE CAVE COMMERCIAL FOR SALE

SITE

The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican honeybees that lived in the banks of Barton Creek and Little Barton Creek that encompassed a large area of Western Travis County. The unemployment rate in Bee Cave is 3.70 percent. Recent job growth is positive with a growth rate of 2.82 percent. Future job growth over the next ten years is predicted to be 41.90 percent. Since 2000, the City of Bee Cave has had a population growth of 194.22 percent. For transportation, the average commute time is 26 minutes. The median home cost in Bee Cave is $436,000 and home appreciation the last year has been 11.80 percent.

71

N

Page 2: Bee Cave Commercial Flyer - LoopNet · 2017-08-01 · BEE CAVE COMMERCIAL FOR SALE SITE The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

LOCATION

SIZE

UTILITIES

ZONING

ASKING PRICE

TRAFFIC COUNT

FRONTAGE

IMPERVIOUS COVER

BEE CAVE COMMERCIAL FOR SALE

The site is located along West State Highway 71 within the City of Bee Cave, Texas. Conveniently 2 miles west of the Hill Country Galleria, 1 mile from Bee Cave Elementary School at Hamilton Pool Road, and 3.5 miles from Lakeway Regional Medical Center and Lake Travis High School located on RR 620.

Two (2) acres or 87,120 SF.

The West Travis County Public Utility Agency (WTC-PUA) and Travis County Water Control and Improvement District 17 (WCID 17) provide water and wastewater service to the majority of properties in Bee Cave. The site has access to wastewater that runs along the back property line. Water service is being extended to the adjacent property to the east for a self-storage development that will create accessibility within close proximity to the subject tract.

The Property is located within the PUA's water C.C.N. (Certificate of Convenience and Necessity), therefore the PUA must legally provide water service to the Tract. Essentially, this means the PUA cannot say "No" to providing water service to the Property. To make application for service, a buyer will submit a "Service Extension Request" application ("SER"). After the SER process, the PUA will prepare a service agreement that is the binding contract between the parties specifying the final terms and conditions of water and sewer service. The tract is located in the designated sewer service area - see enclosed PUA wastewater service area map. The PUA is not legally obligated to provide service in this area, as it would be if it held a C.C.N. for sewer, but it does reflect the area that the PUA has made a policy decision that it will serve.

The current zoning designation for the subject property is “O” Office. See attached current zoning map and future land use map for the City of Bee Cave.

Approximately 215 feet of W. State Highway 71 frontage with existing driveway cut

Approximately 24,000 vehicles per day

40% imperious cover allowing approximately 35,000 SF. Up to 45% impervious permitted with rain water collection system built for a project.

$958,000 or $11 PSF

SUMMARY

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BEE CAVE COMMERCIAL FOR SALE

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

AERIAL

SITE

Page 4: Bee Cave Commercial Flyer - LoopNet · 2017-08-01 · BEE CAVE COMMERCIAL FOR SALE SITE The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican

BEE CAVE COMMERCIAL FOR SALE

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

TOPOGRAPHY

SITE

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PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

BEE CAVE CITY LIMITS AND EXTRATERRITORIAL JURISDICTION

71

71

Bee Cave Corporate Limits

Bee Cave ETJ

Parcels

2244

620

Current as of December 8, 2015

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PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

CITY OF BEE CAVE ZONING

71

71

2244

620

Zoning Base Category

Single Family Rural Residential

Single Family 20

Single Family Patio Home

Single Family Attached

Multi-Family 1

Neighborhood Service

Retail

Commercial

Town Center

Bee Cave Corporate Limits

Parcels

Bee Cave ETJ

Indicates Planned Development District.Base zoning as indicated.

Mixed Use

Office

Public

Agriculture

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PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

CITY OF BEE CAVE FUTURE LAND USE MAP

71

71

2244

620

Current as of April 26, 2016

Town Center (TC)

Mixed Use (MU)

Neighborhood Service (NS)

Office (O)

Retail (R)

Commercial (C)

Public/Semi-Public (P)

Parks & Open Space (POS)

Private Recreation (PR)

Nature Preserve (NP)

Right of Way (ROW)

Low Density Rural Residential (LD-RR)

Low Density Residential (LD-R)

Planned Density Residential (PD-R)

Medium Density Residential (MD-R)

High Density Residential (HD-R)

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BEE CAVE COMMERCIAL FOR SALE

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

WATER SERVICE

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BEE CAVE COMMERCIAL FOR SALE

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

WASTEWATER

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BEE CAVE COMMERCIAL FOR SALE

PERRY HORTONm. [email protected]

DAN McKINLEYm. [email protected]

TRAFFIC MAP

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11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material informaƟon about the property or transacƟon received by the broker; • Answer the client’s quesƟons and present any offer to or counter-offer from the client; and • Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and ᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

TAR 2501

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TEXAS REAL ESTATE COMMISSION

P.O. BOX 12188

AUSTIN, TEXAS 78711-2188

(512) 936-3000

THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES

REAL ESTATE BROKERS AND SALES AGENTS, REAL ESTATE INSPECTORS,

HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS

AND TIMESHARE INTEREST PROVIDERS

YOU CAN FIND MORE INFORMATION AND

CHECK THE STATUS OF A LICENSE HOLDER AT

WWW.TREC.TEXAS.GOV

YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC

A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE

TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO

SATISFY A CIVIL COURT JUDGMENT AGAINST A BROKER, SALES AGENT,

REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT,

IF CERTAIN REQUIREMENTS ARE MET

IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF

A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE

RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT